NOT LISTED FOR SALE

128 E Old Andrew Johnson Hwy Jefferson City, TN 37760

Estimated Value: $1,385,325

-- Bed
2 Baths
-- Sq Ft
0.35 Acres

Last Sold November 30, 2023

Last sale price $1,325,000

Est. 5% increase in value since last sale

Current estimated payment $7,617/month

16 Days on Market

Highlights

  • Tile Flooring
  • Zoned Heating and Cooling System
  • 3-minute walk to Mossy Creek Station Park

About This Home

As of November 2023

Townsquare Apartments is a 12-unit apartment building located in Jefferson City, TN. Among the units are eight 1 bedroom and 1 bathroom units and four 3 bedrooms, 1 bathroom units. Every unit has been well maintained, with a majority featuring recent updates that include new flooring, paint, retiled showers and much more. The roof was recently replaced and there are laundry facilities on site. There are also 3 garage bays on the property that can be converted to storage lockers.

Situated in the heart of Jefferson City, this property offers an ideal location for convenient and comfortable living for residents. The property is conveniently located near shopping centers, grocery stores, schools, and restaurants, making daily errands and dining options easily accessible throughout the area. Townsquare Apartments is also located within walking distance to Carson-Newman University and the revitalization project of downtown Jefferson City. Additionally, it is only 30 miles from both Downtown Knoxville and Pigeon Forge. For outdoor enthusiasts, there are several parks and recreational areas nearby.
Situated in the heart of Jefferson City, this property offers an ideal location for convenient and comfortable living for residents. The property is conveniently located near shopping centers, grocery stores, schools, and restaurants, making daily errands and dining options easily accessible throughout the area. Townsquare Apartments is also located within walking distance to Carson-Newman University and the revitalization project of downtown Jefferson City. Additionally, it is only 30 miles from both Downtown Knoxville and Pigeon Forge. For outdoor enthusiasts, there are several parks and recreational areas nearby. Residents can enjoy leisurely walks, jogging, or picnics in the beautiful green spaces nearby such as Panther Creek State Park or the Cherokee Dam Park.

Last Agent to Sell the Property

Cohl Morgan

SVN I Wood Properties License #351465 Listed on: 10/03/2023

SVN I Wood Properties

Co-Listed By

Jon Roosen

SVN I Wood Properties License #366234

Last Buyer's Agent

Marti Dotson

Jackson Real Estate & Auction License #254031

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,699

Year Built

  • Built in 1969

Lot Details

  • 0.35

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Flooring

  • Laminate
  • Tile
  • Vinyl

Parking

  • Driveway
  • On-Site Parking

Schools

  • Jefferson County High School

Utilities

  • Zoned Heating and Cooling System

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 014M H 011.00

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,699

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Directions: From N Highway 92 (TN-92) turn left onto W Old AJ Hwy. Property is one mile on the left at the corner of Branner Ave and E Old AJ Hwy.
  • Prop. Type: Multi-Family
  • Year Built: 1969
  • Lot Size: 206.6X210.5 IRR
  • Co List Office Mls Id: 219
  • Cooling:Central Cooling: Yes
  • Floors:Vinyl: Yes
  • Heat:Central: Yes
  • Floors:Laminate: Yes
  • Floors:Tile2: Yes
  • General Property Description:Driveway: Paved
  • Roof:Shingle: Yes
  • Property Sub-Type:Apartment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Vinyl, Tile
  • Other Rooms:Other27: Yes

Exterior Features

  • Construction Type: Brick
  • Construction:Frame - Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Premise Parking
  • GarageParking:On Premise Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Other
  • Heating Yn: Yes

Schools

  • High School: Jefferson County

Lot Info

  • Parcel #: 014M H 011.00

Multi Family

  • Number Of Units Total: 12

Tax Info

  • Tax Annual Amount: 2699.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Nov 30, 2023
Sold by
Townsquarejc Llc
Bought by
Jackson Mark G and Jackson Kristen
Seller's Agent
Cohl Morgan
SVN I Wood Properties
Buyer's Agent
Marti Dotson
Jackson Real Estate & Auction
List Price
$1,299,000
Sold Price
$1,325,000
Premium/Discount to List
$26,000
2%
Views
7
Current Estimated Value
$1,385,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,325
Avg. Annual Appreciation
2.19%
Original Mortgage
$1,000,000
Outstanding Balance
$966,220
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$409,088

Purchase Details

Closed on
Sep 30, 2016
Sold by
Stout Edna D
Bought by
Townsquarejc Llc

Purchase Details

Closed on
Nov 29, 2005
Sold by
Witman Florine L
Bought by
Gladys Denton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 1985
Bought by
Campbell Florine L and Campbell James H

Purchase Details

Closed on
Aug 12, 1985

Purchase Details

Closed on
Jan 31, 1983

Purchase Details

Closed on
Jul 12, 1969

Purchase Details

Closed on
Sep 1, 1900
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jackson Mark G $1,325,000 Jefferson Title
Townsquarejc Llc $450,000 --
Gladys Denton $520,000 --
Campbell Florine L -- --
-- -- --
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Mark G $1,000,000
Previous Owner Townsquarejc Llc $576,000
Previous Owner Not Available From County $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $1,325,000 +2.0% --
10/20/2023 10/20/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $1,299,000 -- --
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $833 $69,400 $12,800 $56,600
2023 $7,872 $224,920 $0 $0
2022 $7,625 $224,920 $13,600 $211,320
2021 $7,625 $224,920 $13,600 $211,320
2020 $7,625 $224,920 $13,600 $211,320
2019 $7,625 $224,920 $13,600 $211,320
2018 $7,739 $218,000 $13,600 $204,400
2017 $7,739 $218,000 $13,600 $204,400
2016 $8,201 $231,000 $13,600 $217,400
2015 $8,085 $231,000 $13,600 $217,400
2014 $7,970 $231,000 $13,600 $217,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1241617

East Tennessee REALTORS® MLS

APN: 014M-H-011.00